kailerwebb2
18.11.2019 •
Mathematics
Terrance jacobs is looking for a larger home. jacobs offers $205,000 for a fourbedroom house and the seller accepts. jacobs wishes to make a 15 percent down payment and finance the remaining amount through the mortgage company. what is the amount of his mortgage loan?
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Ответ:
Terrance will need a mortgage loan of US$ 174,250
Step-by-step explanation:
1. Let's review the information given to solve the question.
Value of the house Terrance Jacobs is going to buy = US$ 205,000
Down payment Terrance can afford = 15% of the value of the house
Down payment Terrance can afford = 15% of US$ 205,000
Down payment Terrance can afford = 15% * 205,000
Down payment Terrance can afford = US$ 30,750
2. For finding the amount of the mortgage loan Terrance need for buying the house, we should do this:
Amount of mortgage loan = Value of the house - Down payment
Amount of mortgage loan = 205,000 - 30,750
Amount of mortgage loan = US$ 174,250
Terrance will need a mortgage loan of US$ 174,250
Ответ:
15.
If Tyler is using a cup of apple juice when he adds cranberry juice, he will have have added fifteen cups of apple juice.